Copart Inc has a consensus price target of $62.33 based on the ratings of 7 analysts. The high is $82 issued by Guggenheim on February 22, 2023. The low is $51 issued by HSBC on December 4, 2023. The 3 most-recent analyst ratings were released by Baird, JP Morgan, and JP Morgan on September 5, 2024, April 8, 2024, and February 27, 2024, respectively. With an average price target of $52 between Baird, JP Morgan, and JP Morgan, there's an implied -0.61% downside for Copart Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Copart (NASDAQ:CPRT) was reported by Baird on September 5, 2024. The analyst firm set a price target for $56.00 expecting CPRT to rise to within 12 months (a possible 7.03% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Copart (NASDAQ:CPRT) was provided by Baird, and Copart maintained their outperform rating.
There is no last upgrade for Copart
The last downgrade for Copart Inc happened on May 1, 2023 when Northcoast Research changed their price target from N/A to N/A for Copart Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Copart, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Copart was filed on September 5, 2024 so you should expect the next rating to be made available sometime around September 5, 2025.
While ratings are subjective and will change, the latest Copart (CPRT) rating was a maintained with a price target of $58.00 to $56.00. The current price Copart (CPRT) is trading at is $52.32, which is out of the analyst’s predicted range.
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